Usd/Jpy reversed sharply on the upside over the past week, after the 61.8% Fibonacci retracement zone (84.80-93.73 move) was tested. A five wave move of decline is now finished at 88.13, where a ...
An upward correction from the 0.8577 lows is still searching for a top, before the market can easily reverse the recent moves. Small changes were made on the wave count, and we came out with a ...
The Elliott wave principle is a technical analysis method that traders use to analyze the market and identify trends by using the relationship between highs and lows, applying a system developed by ...
The index bottomed out for a 4th wave on October 14 and is now in a 5th wave toward our ideal, long-standing target of 7120.
The Elliott Wave Theory is based on the idea that the market advances in 5 waves and pullback in 3 waves. The idea has become very famous and millions of traders around the world practice it. We at ...
EURUSD likely completed a wave ((x)) high last week near 1.1743. The short-term trend now points downward. The next downside targets are 1.1170, and possibly 1.1030. EURUSD completed a bullish impulse ...
EUR/USD continues to trade in a tight range above 1.1700 in the American session on Friday. The disappointing UoM Consumer Sentiment Index data from the US limits the US Dollar's gains and helps the ...
The S&P 500 is eyeing a fresh peak in mid October, but may suffer a pullback in the weeks thereafter. That's according ...
Jon Glover, Elliott Wave analyst and Ledn’s Chief Investment Officer, known for his precise market forecasts, is going ...
I have been relatively silent on gold's chart since we called the top back in January and February as the Elliott Wave pattern has a few options at hand. If you recall from our article on January 25 " ...
Crude OIL, we warned our members of potential incoming strong weakness! In Elliott Wave terms, we have identified that this ...